The Macerich Company Statistics
Total Valuation
MAC has a market cap or net worth of $3.15 billion. The enterprise value is $7.38 billion.
| Market Cap | 3.15B |
| Enterprise Value | 7.38B |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, before market open.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | May 17, 2024 |
Share Statistics
MAC has 215.75 million shares outstanding. The number of shares has increased by 0.35% in one year.
| Shares Outstanding | 215.75M |
| Shares Change (YoY) | +0.35% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 0.69% |
| Owned by Institutions (%) | 92.66% |
| Float | 214.34M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 500.00 |
| PS Ratio | 3.59 |
| Forward PS | 3.71 |
| PB Ratio | 1.38 |
| P/FCF Ratio | 40.52 |
| PEG Ratio | -485.00 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 54.08, with an EV/FCF ratio of 94.91.
| EV / Earnings | n/a |
| EV / Sales | 8.41 |
| EV / EBITDA | 54.08 |
| EV / EBIT | n/a |
| EV / FCF | 94.91 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.95 |
| Debt / EBITDA | 32.64 |
| Debt / FCF | 57.29 |
| Interest Coverage | -0.84 |
Financial Efficiency
Return on equity (ROE) is -13.80% and return on invested capital (ROIC) is -0.08%.
| Return on Equity (ROE) | -13.80% |
| Return on Assets (ROA) | -4.50% |
| Return on Capital (ROIC) | -0.08% |
| Revenue Per Employee | $1.34M |
| Profits Per Employee | -$522,229 |
| Employee Count | 655 |
| Asset Turnover | 0.12 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MAC has paid $164,000 in taxes.
| Income Tax | 164,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +27.93% in the last 52 weeks. The beta is 2.42, so MAC's price volatility has been higher than the market average.
| Beta (5Y) | 2.42 |
| 52-Week Price Change | +27.93% |
| 50-Day Moving Average | 15.07 |
| 200-Day Moving Average | 14.32 |
| Relative Strength Index (RSI) | 45.39 |
| Average Volume (20 Days) | 1,754,604 |
Short Selling Information
The latest short interest is 13.77 million, so 6.38% of the outstanding shares have been sold short.
| Short Interest | 13.77M |
| Short Previous Month | 13.21M |
| Short % of Shares Out | 6.38% |
| Short % of Float | 6.43% |
| Short Ratio (days to cover) | 8.25 |
Income Statement
In the last 12 months, MAC had revenue of $878.00 million and -$342.06 million in losses. Loss per share was -$1.60.
| Revenue | 878.00M |
| Gross Profit | 478.24M |
| Operating Income | -5.31M |
| Pretax Income | -341.90M |
| Net Income | -342.06M |
| EBITDA | 136.53M |
| EBIT | -156.21M |
| Loss Per Share | -$1.60 |
Balance Sheet
The company has $225.08 million in cash and $4.46 billion in debt, giving a net cash position of -$4.23 billion or -$19.61 per share.
| Cash & Cash Equivalents | 225.08M |
| Total Debt | 4.46B |
| Net Cash | -4.23B |
| Net Cash Per Share | -$19.61 |
| Equity (Book Value) | 2.29B |
| Book Value Per Share | 10.60 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $275.87 million and capital expenditures -$198.08 million, giving a free cash flow of $77.79 million.
| Operating Cash Flow | 275.87M |
| Capital Expenditures | -198.08M |
| Free Cash Flow | 77.79M |
| FCF Per Share | $0.36 |
Margins
Gross margin is 54.47%, with operating and profit margins of -0.60% and -38.96%.
| Gross Margin | 54.47% |
| Operating Margin | -0.60% |
| Pretax Margin | -38.94% |
| Profit Margin | -38.96% |
| EBITDA Margin | 15.55% |
| EBIT Margin | -17.79% |
| FCF Margin | 8.86% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.65%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 4.65% |
| Dividend Growth (YoY) | 3.03% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -0.35% |
| Shareholder Yield | 4.31% |
| Earnings Yield | -10.85% |
| FCF Yield | 2.47% |
Analyst Forecast
The average price target for MAC is $14.64, which is 0.21% higher than the current price. The consensus rating is "Sell".
| Price Target | $14.64 |
| Price Target Difference | 0.21% |
| Analyst Consensus | Sell |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 4.16% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 11, 2010. It was a forward split with a ratio of 1014:1000.
| Last Split Date | Feb 11, 2010 |
| Split Type | Forward |
| Split Ratio | 1014:1000 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |